What is the difference between a red clause letter of credit and a green clause letter of credit? Read TFG’s 2022 letter of credit guide now!
When using an usance or deferred letter of credit, the issuing bank must make payment by a preset date. This makes planning easier and unlocks working capital.
Trade Finance Global (TFG) surveyed firms throughout Europe to gain an understanding of SMEs’ trade finance usage norms and their propensity to pay for new or additional trade finance products and services.
A new report from the British Business Bank (BBB) has found that SME lending in the UK returned to pre-pandemic levels in 2021, writes TFG’s Marcus Lankford.
Freeports are a special kind of air, rail, or seaport, where normal tax and customs rules don’t apply, says John Lucy, director of Liverpool City Region Freeport
Twenty years ago Asia had a 12% share of the global factoring market. Today that share is 25%.
In this article, FCI’s Lin Hui looks at factoring’s two decades of steady growth in Asia, and where the industry goes from here…
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Payables finance is changing, often driven by the demands of corporates, looking for inclusive and sustainable programmes when considering who to select for supply chain financing (SCF) programmes.
EUF plays an important role for our industry today more than ever and confirming FCI’s support regarding the lobbying of the new definition of default with the EBA.
The CFI.co judges have conferred on FCI the 2020 award for Best Trade Finance Innovator Global 2020. Highlights of the judging panel’s findings include: FCI is the global representative body for the factoring and open-account… read more →
